Tag Archive

Facing cancer is a physical, emotional, and financial hardship of the highest order. Sadly, there are no special provisions for cancer patients to manage their student loans while they face cancer. The good news is that there may be some help around the corner. Dealing with Cancer Right Now For …

The end is in sight! After years of hard work and dedication your student loan is nearly paid off. You may have a few thousand dollars left or maybe just a few hundred dollars. When faced with this situation, many borrowers may wonder, is it better to just pay it …

A repeated headache for many student loan borrowers has been lenders looking at credit reports. The credit report is the key document that shows a perspective borrowers current debt, payment history, and credit score. The better a credit report looks, the better the odds of scoring a good rate on …

We recently received word of one of the most clever, and therefore most dangerous, student loan scams. The scam is really simple. Student loan borrowers receive a call about their student loans. The call ID shows up as a US government number if googled. The scammers apologize for an incorrect …

The difference between being a lazy borrower and a proactive borrower can mean saving hundreds or even thousands of dollars. Even though being a proactive borrower sounds like a ton of work, in reality, it only takes a few minutes a month. This little bit of extra effort can dramatically …

There has been a lot of movement in the student loan marketplace over the last few months. Lenders that were not traditionally competitive have slashed rates. We have also seen acceptance rates go up with some lenders, but drop with others. Due to these developments, we have updated our student …

The idea of getting a bill for zero dollars from your student loan servicer may seem like a scam or too good to be true. Fortunately, due to the existence of repayment plans that charge borrowers what they can afford rather than what they owe, a $0 bill is a …

With well over a trillion dollars in student loan debt in the United States, it is no surprise that new lenders continue to pop up in the refinance marketplace. Finding the lender offering the lowest interest rates can be tricky. The vast majority of companies only advertise their lowest rate, …

One of the great perks of having federal student loans is the income-driven repayment plans. These plans, such as Income-Based Repayment (IBR), Pay As You Earn (PAYE), and Revised Pay As You Earn (REPAYE), charge monthly payments based upon what borrowers can afford to pay instead of how much they …

The Department of Education has officially released the application for Public Service Loan Forgiveness. October of 2017 marks ten years since the program was created and the borrowers who immediately enrolled will be eligible to apply. If you are at or near your ten years of public service, the application …

As Seen On:

Have a Question?

Meet the Sherpa

Michael Lux is the founder of the Student Loan Sherpa. He is an Indiana attorney who knows first hand how frustrating it is to deal with student loan servicers and massive bills. He created the site to help other student loan borrowers navigate the complicated world of student loans.

Legal Notice

The information contained on The Student Loan Sherpa is for general information or entertainment purposes only and does not constitute professional financial or legal advice, nor does it create an attorney/client relationship. The full site terms are available here.

In accordance with FTC guidelines, The Student Loan Sherpa hereby discloses that we do receive compensation for site advertisements and certain links. Please contact The Webmaster for any and all additional information desired. We respect your privacy: Privacy Policy.